Yes, we know the fiscal cliff is not always easy to understand. But help is here. Mick Jagger and the music of Rolling Stones can explain it all – with satisfaction – in nine easy steps. Seriously.
Speaker John Boehner and fellow Republicans are being asked to cave on tax rates in the fiscal cliff negotiations. In return, they could be the 'bad guys' on entitlement reform – something even their own voters may not support.
Some Democrats had sought an income threshold well above $250,000. But since the election campaign and in 'fiscal cliff' talks, that's the number President Obama has settled on. Here's what's behind it.